Ted Rosenquist
Funding down payments
29 September 2022 | 5 replies
Unless you find an angel investor/partner, etc. the only way that comes to mind immediately is to work the other end and reduce expenses so you can generate the savings.
Luke J Nelsen
Keep the deal or walk away due to rates? Smokies
30 June 2022 | 37 replies
Reason being is they are being overbuilt, and when the # of visitors goes back to normal but there is a lot more inventory, those who bought early can easily reduce their prices and still cover their costs- those who bought at inflated numbers cannot reduce their pricing, if they do they will be cashflow negative.
Daniel Alfandre
What happens to the sponsor-investor agreement after a refinance?
19 July 2022 | 1 reply
That being said, typically a refinance of property in a syndicated situation is used to either (1) increase the current cash flow by reducing loan payments through either a lower interest rate or a longer amortization, or (2) increase the principal amount of debt so as to be able to distribute capital (tax free) back to the passive investors.
David L.
Do you take photos for move in and move out?
25 July 2022 | 15 replies
It is simple to reduce the size of a group of images if you are going to email them.
Jordan Decuir
Seller Financing; How Do I set Appraisal Contingency?
10 December 2022 | 21 replies
I get greatly reduced closing costs, no credit pull, I like interest only payments, no origination fee.
Nicholas Crawford
Need help figuring out refinance situation! Please!
6 January 2023 | 12 replies
The main issue is DSCR wont work out so any lender is going to require massive amount at closing to offset or reduce loan amount.
Jesse Chunn
Cash vs. Loan
12 February 2019 | 27 replies
Thanks again to the respective contributors, and keep 'em coming:Financing / leverage allows for faster growth.Financing allows for a much larger portfolio (for a given amount of cash), with lower positive cash flow per property but more positive cash flow overall.Having some percentage (say 50%) of properties free and clear (100% equity) can act as a backstop to protect against downturns and other bad situations.Rates are low right now so now is a good time to borrow as much as possible.Starting with cash and then quickly moving to borrowing can reduce the complexities when first starting out and building a team.Using financing leaves more cash on hand to deal with unexpected expenses.A large multi-unit benefits from economies of scale, which supports the argument to leverage existing cash to finance larger cash flow (ROI) as a percentage.One "con" for large multi-units is that the market for multi unit properties should I need to sell is tougher because of limited buyers.Gaining two or more years of proven rental revenue will be considered as good as employment income by smart lenders.This is a valuable list that I think you could almost make a book out of, with each bullet being the topic of a chapter.
Bryan Hancock
Is The Tax On Inflation Tax Really A Regressive Tax?
2 November 2010 | 17 replies
But what you talk about is some good tax planning to reduce or defer the taxable income to future year.
Marc Dufour
How soon can I sell my tax deed land?
12 January 2020 | 25 replies
My experience in SoCal counties has been that they universally hold off providing Tax Sale Deeds until the one year runs, thereby reducing their exposure to lawsuits and the cost of defending (IMHO).David Krulak - glad to see your post(s).
Priscilla Aidoo
Acceptable PM rates
13 June 2016 | 5 replies
In addition, if a vacancy is not filled within "x" days, their monthly fee is reduced by "x%" until the vacancy is filled and is not reinstated until the first day, of the following month.